FXCM hires Middle East head

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Foreign exchange broker FXCM has hired Yousef Malek Shamoun as managing director of the company's Middle East referring broker business. Based in New York, Shamoun joins FXCM from FX Solutions, where he was Middle East regional manager. "The Middle East is a fast-growing region in retail FX, and an area where we are looking to grow our referring broker relationships. Yousef will be instrumental in enhancing and expanding FXCM's offering throughout the region," says Drew Niv, chief executive of

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